Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open banking powered payment initiation services. In a post on the X platform, QCB stated that this step is in line with the Third Financial Sector Strategy, the FinTech Strategy, and the Bank’s broader efforts to develop and regulate […]
Kamco Invest acquires a stake in Foodics, a leading Saas company in the MENA region
Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, today (July 28) announced that its private equity team has acquired a stake in Foodics, a leading cloud-based technology and payments platform for restaurants in the Mena region. Foodics was established in 2014 and supports more than 33,000 restaurants […]
FinTech Startup Tabadulat Receives In-Principle Approval from ADGM’s FSRA
The UAE-based company will offer a 100% Shariah-compliant global trading platform . Abu Dhabi, UAE, 29 July 2025: Tabadulat Limited (Tabadulat), a UAE-based Shariah-compliant investing platform registered with ADGM, the international financial centre of the UAE Capital Abu Dhabi, has received In-Principle Approval from ADGM’s Financial Services Regulatory Authority (FSRA). The announcement follows the UAE […]
DIFC Achieves Record H1 2025 Performance, Reinforcing Dubai’s Position as a Global Financial Powerhouse
Results fuel Dubai’s economic vision and demonstrate global leadership in financial services and innovation. Maktoum bin Mohammed: The unprecedented results achieved by DIFC reflect Mohammed bin Rashid’s vision to position Dubai at the forefront of the world’s most advanced financial centres “Dubai has entered a new and greater phase of growth, and these results highlight the […]
Saudi-based Lean Technologies Secures In-Principle Approval from CBUAE Under Open Finance Framework
Among the first to receive the UAE Central Bank’s Open Finance IPA Lean is helping shape a new era of connected financial services, enabling faster payments, broader access to credit, and greater inclusion across the UAE Over $2B processed to date through 1M+ connected accounts Dubai, UAE – Lean Technologies (Lean), the MENA region’s leading financial […]
Absa and Visa extend strategic partnership to advance growth and innovation across Africa
Nairobi, Kenya – Absa and Visa have renewed their strategic partnership to accelerate the development of innovative, inclusive, secure, and digitally enabled financial payment ecosystems across Absa’s Regional Operations (ARO) which incorporates Absa’s presence outside South Africa. The agreement, formalised at a signing ceremony in Johannesburg, marks a significant milestone in a relationship that has driven […]
Mastercard and Jordan Islamic Bank collaborate to expand digital payment offerings and financial inclusion in Jordan
Partnership to accelerate digital transformation, enhance customer experience, and support inclusive growth through Shari’ah-compliant solutions Amman, Jordan; 22 June 2025: Mastercard and Jordan Islamic Bank (JIB), one of the largest banks operating in the country, are collaborating to drive innovation and expand access to Shari’ah-compliant digital payment solutions. JIB will leverage Mastercard’s payment technologies and advisory […]
Trendyol Group, Baykar, ADQ and Ant International partners to launch next-generation fintech platform in Türkiye
Dubai: Trendyol Group; Türkiye’s leading e-commerce platform, Haluk Bayraktar, CEO of Baykar, the world’s largest unmanned aerial vehicle manufacturer, ADQ, an active sovereign investor focused on critical infrastructure and global supply chains; and Ant International, a leading global digital payments and financial technology provider today announced the signing of a Memorandum of Understanding (MoU) to explore […]
Network International Teams Up with Ghana’s Blu Penguin to Power Mobile Money on N-Genius POS terminals
Seamless mobile money integration on N-Genius POS terminals enables financial inclusion and improves payment flexibility across Ghana and West Africa. ACCRA, Ghana — Network International (Network) (https://www.Network.ae/), a leading enabler of digital commerce across the Middle East and Africa, has announced a collaboration with Blu Penguin, a Ghana-based fintech and mobile money aggregator, to provide mobile […]
MyMonty Partners with Mastercard to Boost Secure Payments in Lebanon
Beirut, Lebanon – MyMonty has announced a strategic partnership with Mastercard to expand access to secure and convenient payment solutions for individuals and businesses across Lebanon. This collaboration aims to empower more people and enterprises to make payments easily and safely, supporting Lebanon’s growing shift towards digital financial services. By leveraging Mastercard’s global expertise and MyMonty’s […]
